State Bank of Pakistan Empowers Banks to Streamline Energy Imports Amid Global Geopolitical Volatility
The State Bank of Pakistan delegates new powers to banks for issuing financial instruments and standby letters of credit to secure crude oil and LNG imports.
LSM Sector Shows Signs of Recovery with Strong Gains in Autos and Cement
Pakistan’s Large-Scale Manufacturing (LSM) sector posted a 4.1% year-on-year increase in June 2025, driven by strong performances in textiles, petroleum products, pharmaceuticals, autos, and cement, despite cumulative annual output remaining slightly negative.